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Marico launches new edible oil brand

2010-04-26 00:00:00

FE ReportMarico Bangladesh Ltd launched its new edible oil brand in the market -- Saffola Gold- a unique blended vegetable oil made of Safflower Seed oil and Rice Bran oil that assures healthy living.First of its kind in edible oil...

DCCI for launching tax-card

2010-04-26 00:00:00

Doulot Akter MalaIntroduction of tax-card can help the government increase tax collection through tax compliance and encouraging people by offering some social privileges as taxpayers, said a concept paper.Dhaka Chamber of Commerce and Industry (DCCI) recently placed the concept paper...

ICAB team off to Colombo to attend SAFA meeting

2010-04-26 00:00:00

A six-member ICAB delegation headed by Institute of Chartered Accountants of Bangladesh (ICAB) Vice President Md Abdus Salam left Dhaka for Colombo, Sri Lanka, Sunday to attend the 13th board meeting of South Asian Federation of Accountants (SAFA) and other...

DU, Standard Chartered sign MoU

2010-04-26 00:00:00

DU CorrespondentDhaka University (DU) and Standard Chartered Bank Sunday signed a memorandum of understanding (MoU) in order to provide 'Governor Scholarship' for students of the university's Development Studies Department.DU Treasurer Prof Mizanur Rahman and Standard Chartered Bank Head of Corporate...

EBL introduces new SME loan products

2010-04-26 00:00:00

Eastern Bank Ltd (EBL) has introduced two new SME loan products termed as 'EBL Uddom' and 'EBL Invoice Factoring' to help the expansion of the small and medium enterprises (SME) of the country.The new products were formally launched by EBL...

IDCOL, SEAL eye rice husk-based power plant

2010-04-26 00:00:00

A 400-KW rice husk gasification-based power generation and silica production plant project will be set up in the country soon. A financing agreement in this respect has been signed between Infrastructure Development Company Ltd (IDCOL) and Sustainable Energy and Agro-resource...

ICB AMCL announces NAV of eight mutual funds

2010-04-26 00:00:00

ICB Asset Management Company Ltd (ICB AMCL), a subsidiary of Investment Corporation of Bangladesh, has announced Net Asset Value (NAV) of its eight mutual funds recently, said a press release.The total NAV of ICB AMCL First Mutual Fund stood at...

B'desh to get support from global food security plan

2010-04-26 00:00:00

The MD of the World Bank's Global Agriculture and Food Security programme Ngozi Okonjo-Iweala said Bangladesh stood out as the leading nation to receive financial support from the Global Agriculture and Food Security programme because of its impressive progress in...

Indo-Bangla joint venture to boost knowledge industry of Bangladesh

2010-04-26 00:00:00

FE ReportA local publishing house has taken a fresh move to help the local English books publishing industry reach a new height."Under the renewed move, a day-long interactive workshop on Effective English Language Teaching, organised by Orient Blackswan Pvt Ltd,...

Sheikh Russell beat Farashganj in Bangladesh League

2010-04-26 00:00:00

New soccer powerhouse Sheikh Russell KC beat Farashganj SC by 2-0 goals in a match of the Citycell Bangladesh League at the Bangabandhu National Stadium (BNS) in the city Sunday, reports UNB.With this result, Sheikh Russell KC secured 43 points,...

Rain helps GP-BCB Academy to draw against SA Academy in 1st 4-day match

2010-04-26 00:00:00

CHITTAGONG, Apr 25 (UNB): Rain helped GP-BCB National Cricket Academy team to make a draw against touring Standard Bank National Cricket Academy team of South Africa on the 4th and final day of the first four-day match at the Zahur...

Bangladesh Davis Cup team leave for Iran today

2010-04-26 00:00:00

A-six-member Bangladesh Davis Cup team leaves here for Iran today (Monday) to take part in the Davis Cup Asia/ Oceania Region group-3 competition that begins in Tehran the same day, reports UNB. Eight countries - Bangladesh, Kuwait, Lebanon, Oman, Saudi...

Dhaka Ekadash to play football matches in London

2010-04-26 00:00:00

Dhaka Ekadash RC announced the names of 19 veteran footballers to join the training session to prepare for playing three exhibition football matches in London, reports UNB.Selected players have been asked to report to the team captain and former national...

Mohammadpur Basketball Club beats Reiths Club

2010-04-26 00:00:00

Mohammadpur Basketball Club beat Reiths Club by 51-48 points in a match of the Premier Bank 1st Division Basketball League at the Dhanmondi Basketball Gymnasium Sunday, reports UNB.The winners lead the first half 29-26.In the day's other matches, Dhumketu Club...

Shobukhova wins women's London Marathon

2010-04-26 00:00:00

Liliya Shobukhova of Russia has won the women's London Marathon with compatriot Inga Abitova finishing second.After leading for much of the second half of the race, Shobukhova, European 5000 metres track record holder, used her finishing speed to outpace Abitova...

Rooney blow casts shadow over United title bid

2010-04-26 00:00:00

MANCHESTER, England, Apr 25 (AFP): Manchester United's celebrations after returning to the top of the Premier League table were cut short when it was revealed they may have to win the English title without Wayne Rooney.The England striker missed United's...

Messi's the best, says Rooney

2010-04-26 00:00:00

MANCHESTER, England, Apr 25 (AFP): Manchester United striker Wayne Rooney has named Barcelona forward Lionel Messi as the best player in the world. Rooney has been virtually ruled out for the rest of the season after picking up a groin...

PM asks officials to avoid any sort of corruption, irregularities

2010-04-26 00:00:00

CHANDPUR, Apr 25 (UNB): Prime Minister Sheikh Hasina asked Sunday the authorities concerned to take measurers against the farming of piranha and African cat-fish (Magur), as these fishes destroyed the local fish varieties.She gave the directions during a view-exchange meeting...

Intra-BCL clash leaves 20 hurt in Bogra, DU

2010-04-26 00:00:00

BOGRA, Apr 25 (UNB): Two rival groups of Bangladesh Chhatra League (BCL) clashed at Govt Azizul Haq College Sunday while collecting degree examination forms standing in the queue leaving 10 activists injured from both the sides.Of the injured, Aminul was...

Proceedings to start by May

2010-04-26 00:00:00

Law Minister Shafique Ahmed Sunday underscored that trial of the perpetrators of crimes against humanity would start by May this year, reports UNB."The prosecution team and the investigation team have already collected data and information about the perpetrators who committed...

Taskforce to stop polythene production soon

2010-04-26 00:00:00

The government would immediately form a taskforce that would work to stop the production of polythene for protecting the environment, reports UNB. State Minister for Environment Hasan Mahmud said this at a press briefing at his office Sunday when he...

SCBA for publication of gazette notification

2010-04-26 00:00:00

The Supreme Court Bar Association (SCBA) Sunday insisted on the government to immediately publish a gazette notification on recruitment of higher court judges in the light of the Supreme Court guidelines, reports UNB.The SCBA in a resolution adopted at an...

Minister admits wastage of environment fund

2010-04-26 00:00:00

Forest and environment state minister Hassan Mahmud admitted that government funds for environment protection were being wasted due to lack of coordination between various ministries, reports bdnews24.com.He said, "Various government ministries are implementing different types of work plans to save...

HC seeks to know how disabled can be facilitated to take part in BCS exams

2010-04-26 00:00:00

The High Court (HC) Sunday issued an order on the authorities concerned asking to explain in 30 days how the disabled persons could be facilitated to take part in the Bangladesh Civil Service (BCS) examinations, reports BSS. A two-judge bench...

BWDB CBA office bearers elected

2010-04-26 00:00:00

The election of fixing The Collective Bargaining Agent (CBA) of the Bangladesh Water Development Board (BWDB) was held in the city recently, said a press release.In accordance with the declaration of the directorate of Labour of the People's Republic of...

Appeal for help

2010-04-26 00:00:00

Justice M Bazlur Rahman, a lifelong bachelor, has been suffering from various diseases, said a press release. Justice Rahman (74), cannot walk without support of any one as he is half paralysed. He is also suffering from heart, lungs and...

Textile minister tells spinners to reduce yarn prices in 24 hours

2010-04-26 00:00:00

FE ReportTextile minister Abdul Latif Siddique Sunday threatened to open up Benapole landport for import of cheap Indian yarn, if the country's spinners failed to cool down prices of the key apparel raw material within the next 24 hours.The minister...

SEC may relax IPO size rules for unlisted insurance cos

2010-04-26 00:00:00

FE ReportThe securities regulator might overlook the minimum IPO-size requirement to enable a few unlisted insurance companies to go public. Under the existing insurance act, the minimum paid-up capital requirement for a life insurance company is Tk 300 million and...

500mw power to be bought from India in two yrs: PM

2010-04-26 00:00:00

CHANDPUR, Apr 25 (Agencies): Prime minister Sheikh Hasina said Sunday that 500MW of power will be purchased from India in the next two years. Hasina also said her government has taken the initiative to import electricity through regional cooperation with...

Banks propel Dhaka stocks as turnover crosses Tk 15b

2010-04-26 00:00:00

FE ReportDhaka stocks edged slightly higher Sunday on major gains by the banking sector as turnover crossed Tk 15.0 billion-mark after more than two months, boosted by large pickings by institutional and retail investors. The benchmark DSE General Index (DGEN)...